The State Bank of Pakistan has injected a large amount of money into the banking system to improve liquidity and ensure smooth financial operations.
On Friday, the central bank provided nearly Rs. 13.68 trillion through open market operations using both conventional and Shariah-compliant methods.
Most of the liquidity support came through conventional reverse repo operations, which totaled Rs. 13.3 trillion.
Out of this, Rs. 711.45 billion was injected for a period of seven days, while Rs. 12.59 trillion was provided for 14 days. The return rates for these operations were around 10.53% and 10.51%, respectively.
In addition to this, the State Bank also used a Shariah-compliant Mudarabah facility to support Islamic banks.
Through this system, Rs. 381.29 billion was injected into the market. This step ensures that banks operating under Islamic finance principles also receive necessary liquidity support.
The main purpose of this move is to stabilize the money market and maintain balance in the banking system. By providing funds to banks, the central bank helps them meet their short-term financial needs and continue normal operations without disruption.
Experts say that such actions are important to keep the financial system stable, especially during times of economic pressure. The conventional system provided the largest share of liquidity, showing its key role in managing the market.